A client agrees to pay a contractor $15,000 down towards a $45,000 job.
When his accountant is journalizing the transaction, how much should be
posted as accounts receivable?
A. $15,000
B. $0
O C. $45,000
D. $30,000

There are two main types of budgets: operational budgets and financial budgets.

Operational budgets are used to plan and monitor the day-to-day operations of a business, and typically cover a period of one year. These budgets include items such as revenue projections, production costs, and operating expenses. Operational budgets are crucial for ensuring that a business stays on track and meets its operational goals. Financial budgets, on the other hand, are focused on the long-term financial health of a business. They include items such as capital expenditures, financing costs, and cash flow projections. Financial budgets are used to help businesses plan for the future and make strategic decisions about investments and growth. These two types of budgets complement each other by providing a comprehensive view of a business's operations and financial health. Operational budgets help to ensure that day-to-day activities are aligned with the overall goals of the business, while financial budgets provide a roadmap for achieving long-term success. By using both types of budgets, businesses can make informed decisions about resource allocation, identify potential risks, and maintain a strong financial position over the long term.

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Answer:

$43,745

Explanation:

Calculation for what the Capital account reported on the Statement of Owner's Equity at the end of the month would be

Using this formula

Ending Capital Balance = Cash (1)+ Photography equipment (2) +Cash for services provided (4)+Services to customers on account (6)- Monthly rent(7)- Utility (9)

Let plug in the formula

Ending Capital Balance = $13,800 + $23,000 + $6,000 + $3,050 - $1,800 - $305

Ending Capital Balance= $43,745

Therefore the balance in the Capital account reported on the Statement of Owner's Equity at the end of the month would be: $43,745

Step 1: Ask the Customer to Submit a Credit Application.

Step 2: Check Business Credit Rating.

Step 3: Set Credit Limit and Repayment Terms.

Answer:

1. Credit Application from Your Customer. Your credit application doesn’t need to be complicated, but …

2. Bank and Trade References. Checking bank and trade references is a very common practice, and …

3. Check Business Credit Using Credit Bureaus. There are a number of commercial credit bureaus that …

Explanation:

The Human Resource Management in an organization is important to improve business performance.

It should be noted that human resources management simply means the strategic approach to the efficient management of people in an organization.

In this case, the Human Resource Management in an organization is important to improve business performance.

Also, they are important to uphold a culture that's inspires innovation.

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The sales tax that Damien Co. gets when it sells the merchandise will be recorded with a credit to the Sales Tax Payable Account.

Sales taxes are charged on almost all types of goods that are sold and then collected for the tax authority by the selling company, on their behalf. This means that the company that collects the sales tax will owe the tax authority.

The sales tax would therefore be credited to a liability account to show that it is indeed a liability. This liability account is called the Sales Tax Payable account.

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Answer:

B. Hand

Explanation:

Hand pointer is a specific cursor, the one that looks like a hand, and with the index finger extended, like as it points to something.

The pointer shows the user the exact location of the cursor and helps him input the information.

The name pointer is given as it points the information to the user.

Answer:

A12 = 7,400 units * 60% = 4,440 units

B22 = 7,400 units * 15% = 1,110 units

C124 = 7,400 units * 25% = 1,850 units

7,400 units

Explanation:

Calculation of breakeven point :-

Total breakeven point :-

Total fixed costs / weighted average unit contribution margin

= $267,806 / $36.19

= 7,400 units

Model breakeven point :-

total breakeven point* sales mix

A12 = 7,400 units * 60% = 4,440 units

B22 = 7,400 units * 15% = 1,110 units

C124 = 7,400 units * 25% = 1,850 units

The weighted average contribution margin for Sunland Corporation's mosquito zapper models is 46.3%, calculated by taking the sales mix of each model into account. This figure indicates the proportion of each dollar of sales that contributes to covering fixed costs and generating profit.

The weighted average contribution margin is crucial for determining the company's profitability and making informed decisions about product mix and pricing strategies.

It reflects the overall efficiency of production and the ability to cover fixed expenses. By understanding the contribution margin for each model and their respective sales mix, Sunland Corporation can optimize its product offerings, focus on high-margin models, and allocate resources effectively to maximize profitability.

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Answer:

Trade credit

Explanation:

Trade credit occurs between traders where a trader allows another to purchase goods without paying for them immediately.

It is the cheapest form of short term financing.

This is a form of business to business agreement where payment is set at a later date of 30 days, 90 days or 60 days.

The transaction is recorded by using invoice.

Usually it is a zero percent short term finance. The amount of the good at time of purchase is what is paid at the sure date.

There is no extra payment made by the buyer as interest on the amount agreed.

The specific information characteristic that suffered in the given scenario is accuracy.

Whenever a customer applies to open an account with a bank, they are required to register with the bank's system. This registration allows them to access the required services whenever the need arises. However, in Abebe's case, the customer had been registered but was unable to get the required service because of an error in data entry recording his personal information. As a result, the teller was unable to verify Abebe's account even though the customer was registered with the bank. This error in data entry illustrates that accuracy suffered in this scenario. This shows the importance of accurate data entry, especially in the banking sector where mistakes could lead to customer dissatisfaction and loss of trust.

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According to O*NET, the common skills needed by Post-secondary Education Administrators are: Speaking, Active listening, Reading comprehension, and Critical thinking.

Administrators in postsecondary education help students with a range of activities, including class registration and admissions application completion.

Administrators in postsecondary education are in charge of faculty research, academics, and student services in colleges and universities.

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A demand curve shows the prices and quantity of a product that will be demanded at different time. The correct answer is Quantity.

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Yes, "management" is still relevant as a course of study today.

Management is one of the most relevant course offered by an educational establishment such as a university. The course polishes the skills of student and enlighten them on how to be useful in management of a company.

In conclusion, studying a management course in a country will employment opportunities makes its easy for a student to get a job.

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The best way to solve this sewing problem, is to Raise the needle higher.

Sewing:

Sewing refers the craft of fastening or attaching objects using stitches made with a sewing needle and thread. And it is one of the oldest of the textile arts, arising in the Paleolithic era.

Given,

Here we have the given situation, you are sewing a hem on a sewing machine when you notice that the individual stitches are too tight. After you finish the hem, you tug on it to even out the stitches, and the thread snaps.

Here we need to identify the best way to solve this problem.

In order to solve this problem, we have to carefully looking into the given situation,

Here they said that, you are sewing and there is a too tight stiches on the cloth.

Now, you have to tug on it to even out the stitches and the thread snaps.

So, the thing here we have to do is to raise the needle higher to release the thread.

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1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight

2. the test statistic is -0.99

3. P value is 0.161821.

4. The decision is to reject the null

5. no it is not larger

The null hypothesis is μDay ≥ μNight

The alternative hypothesis is H1: μDay = μNight

we have the folloswing details with which we are to solve the questions that we have here

n1 = 86, bar x1 = 361, sd1 = 37

n2 = 92, x bar2 = 367, sd2 = 44

We have to solve for the standard error

\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)

= √15.92 + 21.04

= √36.96

= 6.079

test statistic z = xbar1 - xbar2 / standard error

= 361 - 367 / 6.079

= -0.9870

The critical value at 0.05 = 1.645

The critical value is greater than the test statistics

the decision would be to reject H0 if z < 1.645

-0.9870 < 1.645

we have to reject the null hypothesis

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People who volunteer or organize fundraisers typically use donated items in several ways to maximize their impact providing both financial and experiential value, while fostering community involvement and support for the cause.

Firstly, they assess the donated items to determine their suitability for the event's goals. If the items align with the fundraiser's purpose, they may include them in auctions, raffles, or silent auctions to generate funds. High-value items or unique experiences are often reserved for live auctions to attract higher bids.

In addition to generating revenue, donated items can serve as incentives to encourage donations. Volunteers may offer them as rewards for specific donation thresholds or use them as prizes for fundraising challenges. By leveraging the donated items in this way, organizers motivate participants to contribute more generously.

Moreover, donated items can be used to enhance the overall atmosphere of the fundraiser. They may be displayed to create visually appealing setups, reinforcing the cause and encouraging attendees to engage with the event. For example, art pieces or crafts can be showcased, generating interest and potentially leading to additional donations.

Overall, donated items play a crucial role in fundraising events, providing both financial and experiential value, while fostering community involvement and support for the cause.

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Answer:

A. As operating expenses on the income statement in the period incurred

Explanation:

In Variable Costing, Both Fixed Manufacturing Costs and Non - Manufacturing Costs are treated as Period costs. In Absorption Costing, only Non - Manufacturing Costs are treated as Period costs.

Period Costs can be found under operating expenses on the income statement in the period incurred.

Examples include Advertising, Rentals, Selling and Distribution and any Administration costs.

A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are a derivative offsetting negative risk. The correct option is D.

OTC securities are those that are not listed on a national securities exchange. The majority of these securities are traded on Alternative Trading Systems (ATSs), which are quotation mediums that may include electronic interdealer quotation systems that show quotes from broker-dealers for many OTC securities.

In over-the-counter markets, trading is done electronically rather than in a physical location. An auction market system is very dissimilar from this. Dealers serve as market makers in OTC markets by quoting prices at which they will buy and sell securities, currencies, or other financial products.

Thus, the ideal selection is option D.

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Answer: No one

Explanation: Dogs are better

Answer:

It's c, apprenticenship

Answer:

2, 1, and 6

Explanation:

McKenna should graduate from high school and apply to college prior to graduation. To be a teacher, McKenna must earn a college degree. After earning a bachelor's degree, McKenna will need to spend time volunteering in a classroom while preparing to take a state licensing test and successfully pass it to be a paid high school teacher in any state's education system.

Answer:

1,2,6

Explanation:

Answer:

a. The tax on written checks would make people LESS likely to write checks. Thus, people might start holding more money as CASH. This would INCREASE the currency-deposit ratio.

b. Under this check tax, the money supply would have:

Banks' ability to create money through fractional lending depends on people depositing money on banks and not holding cash themselves. The less cahs held by the public, the more money deposited in banks, the larger the money multiplier.

Answer:

Wat

Explanation:

Answer:

b & c (did the assignment on edg) ;)

Explanation:

Annual Limits $300 for any single energy property item. $150 for any qualified natural gas, propane, or oil furnace and hot water boiler. $50 for any advanced main air circulating fans. $1,200 for the entire credit for most taxpayers.

A taxpayer is an individual or entity that is required to pay taxes. In the United States, individuals and businesses may be taxpayers. Taxpayers are typically required to pay taxes to the government on income, sales, and property. The amount of tax that a taxpayer is required to pay is generally based on their income or the value of their property.

Therefore, the correct answer is as given above

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Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.

When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.

This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.

Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.

The question was incomplete, Find the full content below:

Customers might sometimes describe contradictory needs.

A. A customer's needs can sometimes be confusing.

B. Customers might sometimes give vague descriptions.

C. Customers sometimes describe needs that oppose each other.

D. Some customers are extremely thorough in describing their needs.

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The opportunity cost of a hamburger is -1/2 of a pizza, and it remains the same even if the prices of pizza and hamburgers are cut in half.

To draw the consumption possibilities line, we can use a simple graph with pizzas (x-axis) and deluxe hamburgers (y-axis) as the two goods. Let's assume that the horizontal axis represents the quantity of pizzas and the vertical axis represents the quantity of deluxe hamburgers.

Given that the price of a pizza is $10 and the price of a hamburger is $5, we can plot the consumption possibilities by dividing the weekly income of $100 by the respective prices. This gives us the following points:

With $100, you can buy 10 pizzas ($100 / $10 = 10) and 20 deluxe hamburgers ($100 / $5 = 20). Plot this point on the graph as (10, 20).

Now, let's consider the opportunity cost.

The opportunity cost is the value of the next best alternative that is forgone when a choice is made. In this case, it represents the number of pizzas you have to give up to obtain an additional hamburger, or vice versa.

The opportunity cost of a hamburger can be calculated by finding the slope of the consumption possibilities line. The slope represents the rate at which one good is traded for the other. In this case, the slope is -10/20, which simplifies to -1/2. This means that for each additional hamburger, you have to give up 1/2 of a pizza.

If the prices of pizza and hamburgers were cut in half, the new prices would be $5 for a pizza and $2.50 for a hamburger. This change in prices would not affect the consumption possibilities line.

The line would remain the same, indicating the combinations of pizzas and hamburgers that can be purchased with the given income. However, the specific points on the line would change.

The opportunity cost of a hamburger would still be -1/2 of a pizza, as the ratio between the prices and the opportunity cost remain the same.

In summary:

Opportunity cost of a hamburger: -1/2 of a pizza

Opportunity cost of a pizza: 2 hamburgers (since the reciprocal of -1/2 is -2/1, meaning you would have to give up 2 hamburgers to obtain an additional pizza)

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Research shows that Feedback does not improve reading comprehension because it does not encourage elaborative processing of the material.

Feedback is an event that occurs when the output of a system is used as an input to the system as part of a cause and effect chain. This changes the variables in the system, giving different results and therefore different feedback. This can be good or bad. Feedback is essential and good in any system that requires knowledge of results in order to improve or provide certain results. But for systems that don't need feedback, such as audio systems, feedback is often bad. Taking a microphone and speaker system as an example, when sound from a speaker (output) is picked up by a microphone (input), there is negative feedback that produces a very high pitched sound. 

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The scenario that describes the highest level of productivity is option D. Producing 5 chairs using resources that cost $100. Calculating the highest productivity:

For A. The cost should be $400 for 50 chairs so per chair should be = $400 ÷ 50 = 8. For B. The cost should be $150 for 15 chairs so per chair should be = $150 ÷ 15 = 10. For C. The cost should be $100 for 5 chairs so per chair should be = $100 ÷ 5 = 20. and For D. The cost should be $200 for 100 chairs so per chair should be = $200 ÷ 100 = 2

Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time.

Therefore, the correct answer is option D.

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